Posterous Secures $4,400,000 New Round

  • Feed Type
  • Date
    3/5/2010
  • Company Name
    Posterous
  • Mailing Address
    555 4th St San Francisco, CA 94107
  • Company Description
    Posterous is the dead simple way to put anything online using email. We launched in July 2008 and we’ve been steadily growing and adding features.
  • Website
    http://www.posterous.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,400,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The cash—which brings the company’s total funding on par with that of arch-rival Tumblr—will be used to fund expansion.
  • M&A Terms
  • Venture Investor
    Redpoint Ventures
  • Venture Investor
    Trinity Ventures
  • Venture Investor
    Founder Collective
  • Venture Investor
    XG-Ventures

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